Saturday, 01 October 2016

Councils hand back £46m RTB cash

Town halls have handed almost £50m in unspent Right to Buy cash earmarked for replacement council housing to the government, claiming rules make it impossible to spend.

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Articles

  • RTB cash alternative 'had limited take-up'

    19 February 2016

    A government fund offering a cash alternative to tenants eligible for the Right to Buy has had limited take-up despite councils’ efforts to promote it, Inside Housing can reveal.

  • Councils spend £27m of RTB funds buying back homes

    11 February 2016

    Councils have spent almost £30m of cash raised through Right to Buy sales to buy back homes they were forced to sell at a discount under the same policy.

  • ALMOs and councils call for urgent RTB talks

    1 October 2015

    Arm’s-length management organisations and stock-owning councils have written to the communities secretary asking for urgent talks over the impact of the proposed Right to Buy extension on housing associations.

  • Overwhelming majority back voluntary RTB proposal

    1 October 2015

    Housing associations are likely to accept the National Housing Federation’s proposal to voluntarily take on the Right to Buy, according to an Inside Housing poll.

  • 'Cash shortfall' under RTB replacements plan

    1 October 2015

    Housing associations in areas with low property values say they are facing potentially devastating cash shortfalls if forced to build replacement homes under an extension of Right to Buy.

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